If 1 U.S. dollar exchanges for 46.94 Indian rupees, how much would it cost in rupees to purchase a copy of Time Magazine priced at $2.50?
What will be an ideal response?
2.50 x 46.94 = 117.35 rupees
You might also like to view...
If the economic growth rate SLOWS from 5% to 1%, the simple accelerator hypothesis suggests that
A) investment will continue to rise as output increases. B) investment will fall as output increases. C) investment will accelerate since output growth is positive. D) None of the above is correct.
According to the graph shown, total surplus is:
A. $25.
B. $90.
C. $50.
D. $130.
What is Wendy’s opportunity cost to produce 3 yards of cloth?
a. 6 pounds of food
b. 4 pounds of food
c. 2 pounds of food
d. 1 pound of food
The average tax rate is defined as
A) total tax due/change in taxable income. B) total tax due/total taxable income. C) change in taxes due/change in taxable income. D) change in taxes due/total taxable income.